Churchill Capital Corp VI is a SPAC, created to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
Company profile
Ticker
CCVI, CCVI-UN, CCVI-WT
Exchange
Website
CEO
Michael Stuart Klein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
CCVI stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
14 Dec 23
25-NSE
Exchange delisting
4 Dec 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
17 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
8-K
Entry into a Material Definitive Agreement
16 May 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Submission of Matters to a Vote of Security Holders
11 May 23
DEFA14A
Additional proxy soliciting materials
5 May 23
8-K
Churchill Capital Corp VI Announces Monthly Contribution to Trust Account in Connection with Proposed Extension
5 May 23
Latest ownership filings
SC 13G/A
Empyrean Capital Partners, LP
14 Feb 24
SC 13G/A
JANE STREET GROUP, LLC
12 Feb 24
SC 13G/A
Magnetar Financial LLC
25 Jan 24
SC 13G/A
Taconic Capital Advisors LP
2 Nov 23
4
FRANK BROSENS
29 Sep 23
SC 13G
Taconic Capital Advisors LP
8 Sep 23
4
FRANK BROSENS
17 Aug 23
3
FRANK BROSENS
17 Aug 23
SC 13G
JANE STREET GROUP, LLC
14 Feb 23
SC 13G/A
Empyrean Capital Partners, LP
14 Feb 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.43 mm | 1.43 mm | 1.43 mm | 1.43 mm | 1.43 mm | 1.43 mm |
Cash burn (monthly) | 43.35 k | (no burn) | (no burn) | (no burn) | 593.82 k | 548.55 k |
Cash used (since last report) | 294.26 k | n/a | n/a | n/a | 4.03 mm | 3.72 mm |
Cash remaining | 1.13 mm | n/a | n/a | n/a | -2.60 mm | -2.30 mm |
Runway (months of cash) | 26.2 | n/a | n/a | n/a | -4.4 | -4.2 |
Institutional ownership, Q3 2023
93.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 51 |
Opened positions | 4 |
Closed positions | 4 |
Increased positions | 8 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 1.41 bn |
Total shares | 25.65 mm |
Total puts | 0.00 |
Total calls | 476.99 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Churchill Sponsor VI | 13.80 mm | $0.00 |
Taconic Capital Advisors | 3.13 mm | $32.60 mm |
Integrated Core Strategies | 1.55 mm | $15.17 mm |
Periscope Capital | 947.96 k | $148.22 mm |
Rivernorth Capital Management | 912.14 k | $127.70 mm |
Empyrean Capital Partners | 560.00 k | $78.40 mm |
Finepoint Capital | 540.00 k | $86.40 mm |
Magnetar Financial | 388.33 k | $60.41 mm |
Meteora Capital | 350.02 k | $49.39 mm |
40 North Management | 300.00 k | $46.67 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Sep 23 | Taconic Capital Advisors | Class A Ordinary Shares | Sell | Dispose S | Yes | No | 10.46 | 500,000 | 5.23 mm | 2,634,784 |
15 Aug 23 | Taconic Capital Advisors | Class A Ordinary Shares | Sell | Dispose S | Yes | No | 10.41 | 250,000 | 2.60 mm | 3,134,784 |
15 Aug 23 | Taconic Capital Advisors | Class A Ordinary Shares | Sell | Dispose S | Yes | No | 10.4 | 275,000 | 2.86 mm | 3,384,784 |